GCG’s Q1 2024 E-Commerce Industry Update provides an overview of the latest trends in the sector, including recent performance, valuation multiples, and the state of the middle-market M&A environment.

Key findings include the following:

• Consumer spending patterns are shifting, with a noticeable increase in online spending on services such as travel and a decrease in spending on goods
• An omnichannel approach continues to be a key differentiator for brands and retailers alike – the prevalence of buy online, pick up in store (“BOPIS”) highlights the consumer’s preference for flexibility in their shopping journeys
• Growth in the D2C sector is driving brands to expand their fulfillment and logistics operations to compete with larger retailers on shipping speed and reliability
• Transaction volume in the E-Commerce industry increased by 4% in Q1 2024 compared to the previous quarter and by 38% year over year
• Publicly traded E-Commerce and Marketplace businesses rose 46% over the last twelve months besting the NASDAQ and S&P Index

Click here for the full update.

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